The Faultline Fifty lost another $58 billion in value, a fall of almost 3% this week after the opening salvos of first quarter reporting at Intel, Apple, Philips and Nokia. With the exception of Nokia, all the other companies reported within or above their guidance, but Wall Street responded with palpable frustration, beating up Nokia a second time and taking a further $12 billion off its share value after last week’s fall of $19 billion that it took when Nokia warned of poor numbers. Nokia has now fallen $31 billion, over 30% of its value, in just two weeks. Nokia reported an $8 billion quarter down 2% with net income at $984 million, a drop of 16.5% and the industry…